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basis in either technology or economics, but on the other hand, i guess my standard isn't as high in the sense that when either a judge or a regulatory commission makes a generally pro-competitive decision, that's good news. because that's better than what they normally do. and so i believe that divestiture was an important event, one of many that have caused the american telecommunications system really to be the envy of the world. its performance is the best in the world and the reason it's most competitive. >> host: paul barbagallo. >> professor noll, you'd mentioned that there were some errors that judge green made. what were some of those errors? >> guest: well, the premise -- judge green believed something that at&t argued prior to at&t's change of heart to go along with the divestiture which was that the weak sister, the old bell system, was the local operate oing companies. and so in the divestiture there are, it's sort of silly at this time to go into the details because most of them are irrelevant today. but what he did, whenever there was a close call, the divestiture d
of that had no real basis in technology or economics. on the other hand, i guess my standard is not as high in the sense that when either a judge or regulatory commission makes a pro competitive decision, that is good news because that is better than what they normally do. so i believe the best pitcher was an important -- i believe divestiture was an important event, one of many because the american telecommunications system, to have its best performance in the world and the reason it is competitive. >> paul? >> professor noll, you mentioned there were some errors that judge greene made. what were some of those errors? >> the premise, judge greene believe something that at&t argued prior to their change of heart to go along with the the best pitcher, which was the weak sister of the old bell system was the local operating committees. so when the divestiture, it was silly at this time to go into the details because most are irrelevant today, but what he did, whenever there was a close call, the divestiture decision was something in favor of the local operating companies and against the inter
and not fooling around. finally, we also are using technology to join our private companies in hiring san franciscans. hopefully some of your kids, some of your grandkids as well, are going to enjoy some of these great jobs in san francisco, because the companies that are here, many of them have agreed to use the virtual hiring practice called hiresf.org and share the technology to hire online send franciscans. we're doing the right here in our great city. i have a chief innovation officer, jane, who is working in my office. he keeps a good connection for both me and them members of the board of supervisors to share in what are the technologies and what they're doing in san francisco and what the latest discoveries are that we can possibly use to help improve our city. finally, as someone you know, i celebrated my 60th birthday last week. [applause] and my staff gave me an ipad, and is looking at it -- i might have to go and join your classes to be able to appreciate all the applications that we have there. so do not be surprised if the guy next to you has a mustache. when i leave here th
and how do you use technology, how do you use your people best, it's a full-time job, and it spans the gambit. we have initiatives from fuel efficiency, travel, how you do your people processes differently, and we in the dc mode team spent a lot of time thinking about the business i.t. that under lays all that is correct and how could you -- all that, and how could you come up with better outcomes. >> let's go to, what would you say is sort of one of the most concrete things that has had the most cross-cutting impact that you guys have instituted that's really going to make major change? >> you know, one of the things we're excited about is we've created a strategic management plan for the department of defense, so for the first time in its history, in the business side, we have strong articulated goals that are about outcomes you want to achieve. articulated by the business leader. well understood and articulationed and able to be acted on. the strategic management planning covers all the major areas of business, if you will. financial management, people, energy, how you buy thing
america are movies, tv, science, technology. they're not keen on democracy as america preaches it. heading into another four years of the obama administration, where are we, and why are we here, and how do we get somewhere else? what went wrong, what is going right, and what to do about it going forward? >> first of all, i do not think that favorability ratings and the pew surveys of evidence of whether we're doing something wrong or right. i think it is a huge mistake for anybody who practices public diplomacy to think that his or her job is to win a popularity contest. well i guess maybe some of us who were in the bush administration can take a certain pleasure in effect in 2008, the favorability ratings for the united states were higher in four out of the five surveyed arab countries -- i am not even going to bring that up. [laughter] and it is a big mistake. in my view, and what i tried to do during my short tenure as undersecretary, is try to focus attention on what public diplomacy can do to achieve specific ends that are part of their goals in foreign policy and national security po
the ability of my state really leading the world in technological development and clean energy and i think it's just right in my state's wheel house. we've led technological revolutions and aerospace with boeing. we've led a revolution in software with microsoft and now we have the siege for a third technological revolution and a whole suite of clean energy and renewable energy and energy efficiency technologies in my state. so i think it's exactly what my state was designed to do which is to marry a very strong environmental value system that we have in the state where the -- we're the evergreen state, of course, with an entrepreneurial culture that has valued innovation and has created the policies that are necessary to allow them to blossom and i tell you, it is happening. in fact, i was just walking down the hallway ten minutes ago and one of our economic development team members said that he was talking to this cutting edge transmission technology company that can do really high capacity transmission to reduce the co
policy, whether government should support business ventures in new technologies that are unable to secure private funding. government appears to be worse at this than private markets from the records we have over the past five years. in contrast in a speech in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company it makes it harder for solar technology generally because the other entrepreneurs in the solar field suddenly lost their opportunity to get capital. who wants to put money into a solar company when the government put half a billion dollars into one of its choice. excellent question. i wrote this book because we are not just spending half a billion dollars. we are spending $12 billion a year to make electricity more expensive rather than cheaper. that is $6 billion in tax breaks and $6 billion in direct expenditures. the green jobs that makes no sense and has low-income americans, we brainwash our children to think that green is good and fink uncritically about green products and green jobs and yet we can
as advances in military and defense technology. from last week, this runs just over an hour. >> ladies and gentlemen, welcome. my name is gideon and i'm the editor of foreign affairs and it is a wonderful privilege and honor and pleasure to be here again at the halifax from. foreign affairs is in the business of serious discussions by knowledgeable people with important issues, free and frank exchanges on the most important questions out there and that's actually the same business that halifax is and so we are delighted to be the media sponsor, and it is going to be fantastic weekend. let me just cut right to the chase. we have a fantastic panel, and more importantly, a great topic and a wonderful group with all of you as well and so let's get right to it. our panelists here, david singer of "the new york times," the former undersecretary deputy secretary of state for global affairs now a fellow at the center at harvard. the head of telefax holders distinguished sibling, the munich security conference where they have a great group. the point of the session is to do some big thinking on
. we had had a trade surplus last year for first time in almost ho years. and with technology investment many the u.k., now at 10-year high, it's not just the omed industries that are growing again, it is the new. so with all this and more, i truly believe that in this new century, just as in the centurys that came before, our done fri, britain can succeed. so let me turn. helping britain sell abroad is the fy tall part of the answer. but winning abroad actually begins at home. our country will only rise if we let our people rise. if we break aspiration and those who wanted to get on in life that means sorting out our welfare system and education because the most powerful natural resources we have are our people. i took the whole cabinet today to an academy school in bristol to show the transformation we need in our education system right across country. we need schools with high standards and high expectations so all our children get a proper start in this new competitive world. of course, we also need to deal with the deaf so it we can safeguard low interest rates and give b
advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. so i brought it to mike at meineke. we gave her car a free road handling chec
to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >>> now for our "what in the world" segment. if history is any guide, second terms are often disrupted by a foreign policy crisis. it's easy to see how that might happen over the next four years with iran or syria, but there's a distinct possibility that the next big foreign policy crisis will take place somewhere else. perhaps thousands of miles away in asian waters over five islands and three barren rocks, all uninhabited except for a few goats. for months now, chinese and
technology and ultimately our military power and potential for growth and we are settling into over the pale, everybody in silicon view is angling for green subsidies and it is a tragedy. lou: that tragedy compounded by the fact the money that has been spent by this administration if you will on venture money like solyndra has been disastrous. >> they are twisting our venture capitalist, turning people like john doerr into a blithering idiot. john seeking government subsidies. he now wants us to support him rather than him to support the country with wonderful new companies like intel. lou: john is being adaptive to new realities. the primary source of the capital, he is turning to it, i suppose. i want to turn to this book, "the israel test." you take up the issue of the world civilization, importance of israel within it. as a capitalist as well as jewish state. you really believe that israel is that strong, that important in the world's future? >> i certainly do. the american economy is heavily dependent on israel today, partly because of the debauchery of silicon valley, but now israel is
in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health care, immigration, gay rights. there are a set of issues particularly for younger voters so, people vote very, very carefully. the economy was a dominant issue. i think that is why ultimately some people chose the president to continue the journey we are on. now quickly in terms of democracy, you know we don't know this for sure, but we could be seeing very different elections. that of that in 2010, 14, maybe 18 will be quite a bit different. the comments i made two years ago were predicated on what we thought would happen in a presidential year. the latino turnout was surging. president winning more of the latino votes but even winning the cuban votes. you saw young votes exceeding the turnout from four years ago surprising most analysts. you saw african american turnout. you saw the excitement of the first african
'll drill down to get some answers. >>> and then the man who many in the technology world call the next steve jobs. you're probably already using something this quiet genius already invented. "the wall street journal report" begins right now. >> this is america's number-one financial news program. "the wall street journal report." now, maria bartiromo. >> here's a look what's making news as we head into a new week on wall street. corporate america had a strong message for president obama this week. ceos from more than a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act, taxes on income, capital gains, dividends and estates will all go up. and automatic spending cuts will kick in, beginning on january 1st. this week, i spoke with alan simpson and erskine bowles, authors of a deficit reduction plan about what needs to be done. >> you can't tax your way out of this. you can't cut spending your way
and involvement in the cyber war. technology drives everything we do. the internet has made is more connected than at any other time. the vast majority of our infrastructure reside in private sector. let me repeat that. the vast majority of our infrastructure reside in the private sector. the national security risks and the economic risks are still with the private sector. the government does not do it alone. they do it in concert with our partners and our partners are the private sector. for those of you were talking to earlier, with the work for the government or the private sector, you can contribute no matter where you are in whatever your professional desire is. this private-sector holds a lot of data and these are pretty profound -- their protection of the priorities is he has a list of priorities. this is the top five. the cyber threat is among the most serious challenges we face as a nation, and america's prosperity will depend on cyber security. the united states does have a huge challenge. we have a much larger body of sensitive and potentially damaging information to protect in most cou
take a look, dynavac technologies. we like the hepatitis vaccine. the government didn't like that. i think this is a curious overreaction. but it's a spec. you have to be careful. >>> let's go to dan in texas. >> caller: pch energy. >> down 16. mostly natural gas in ohio. if you watched the show, we told you it's mostly natural gas in ohio. i have been buying southwest, swn. why have i been buying southwestern energy? it's the pure nat gas play i want. i think it's going higher in 2013. >>> bill in south dakota. bill. >> caller: jim, my stock is american capital agency corp, agnc. there one is going to go down. why? maybe companies real estate investment trusts are worried about the taxation considerations, and we also have to worry about what the yield curve looks like and what they will do with fannie and freddie, so many -- so so many cost runs here, i think you should stay the course, but understand it's just another stock right now and it could lower. no longer charmed like it's wen. >>> john in new jersey. john. >> caller: professor cramer. >> thank you for the tenure. yes. >>
. but israel has the edge in technology here. its sophisticated iron dome system takes out most rockets before they find a target. israel's military is also armed with precision-guided missiles. in this case, striking what is said to be the home of an hamas leader. egypt is trying to prevent this war from getting out of hand. spearheading talks aimed at ending the violence. israel's prime minister says hamas can end all this. ben wedeman is watching the conflict play out. >> reporter: we've seen apparent urgent action by the israeli army in this area to get as much material, tanks, armored personnel carriers and troops in the area around gaza in obvious preparation for a potential ground invasion of the gaza strip. but a decision to actually go in has to come from the leadership, from prime minister benjamin netanyahu and from his security cabinet. that has not come yet. on sunday, it's expected that the secretary general of arab league is going to come to gaza with four arab foreign ministers. it may be difficult to launch a ground invasion while just a high-level group is there. we understan
independent. the tax formula we have right now, and the technology, those two aren't providing is the closest moment we have ever had in the modern age of being completely energy independent. we don't need venezuela, north africa, the middle east. we are 21% to wait. gerri: apparently the energy industry did not give the president. let me take it to a slightly different topic. the "wall street journal" reporting tonight that the fha has exhausted its capital reserves and that it will need a tax infusion for the first time in 70 years. we are talking another bailout year. do you think we should do this? is there any way around it? >> we need a massive restructuring. fha, the same thing as the post office is dealing with fannie and freddie, one after another. this is the situation from his management for years and years. assuming we can throw it in there. a couple of years ago fha was required to take on more of these bad loans. the compensating. now we have the results of that. you also have at the same time the federal reserve buying $40 billion a month of mortgage-backed securities trying to
of the things about our business as we know ten years out, technology is hard to predict ten years out. but i know that customers will still want low prices ten years from now so we'll be still working on that i know they'll want fast delivery so we'll still be working on that i know that they'll want, you know, books in 60 seconds so we'll still be working on that. so there's a bunch of things we will count on. >> we do that now on our kindle fire line. >> rose: there is so much to talk about. first this, what is thisew product youhave. >> this is shipping today. this is our, theo our kindle fire hd, the big one. so this one is our 8.9 inch device. it comes in a 4 g model and it comes in a wi-fi only model this is our latest tablet. >> rose: what will it sell for? >> this is $299. and so part of what you are seeing here are seven inch tablet is $199. and we take a very unusual approach in the tablet business which is we want to make money when people use our device, not when they buy our device so we sell the device at near break even. so we can pack for $1 -- 9 in the case of the big one, $
be driving too close to another car. >> oh, my gosh! >> new technology that could save lives on the road. >>> good morning to you. i'm carol costello. thank you so much for joining us this morning. more new details on jill kelley, the tampa socialite linked to a respected marine corps general and widening sex scandal. each day it seems more and more loik a bad reality tv show. we've seen kelley march in front of the cameras in a different brightly colored dress each day. now there are report that is her bay front mansion is -- she's having trouble. it could go into foreclosure. we also have learned that she and her surgeon husband are awashed in debt and now faces foreclosures and lawsuits. that's far different than appearances. consider jill kelley's license plate. cnn confirms she's an honorary consul of south korea. at least for the time being sheechlt raise d some eyebrows and a few chuckles when she tried to invoke some kind of imaginary diplomatic powers in this 911 call to police. she was complaining about the media outside her home. >> you know, i don't know if by any chance -- i
for systems for r an d. science and technology. the benchmark needed in western pacific. there's a whole pan plea of means which we will rebalance. ships are important they are good measure. there's more as we look forward the future and we meet the requirements of our defense strategic guidance in the regard. so having laid that out, i commend that to you as our future and how we see things today as we prepare our budget for fiscal year 14. it's to support the theafort i mentioned to you. i think we're on track and prepared to meet our national security commitment to the regard and the defense strategic guidance. thank you very much. i look forward to your questions. [applause] your article in foreign policy speaks to balancing the force. how do international navies play in to your stag -- strategy? >> the international navy play in to the descrat gi by mission. i think and by alliances that we've had. let me speak to the alliance. i just spoke to the western pacific, the japanese maritime self-defense force plays a we cooperate with them to share what we call long range track mission there
't like the term "cyber bull" and it's about the technology but not the behavior itself. we don't actually use the world cyber bullying. we talk about the behavior and there is tons of research we're doing in how people are behaving on our platform and the tools we can give them to resolve their issues and either through themselves and trusted audiences, et cetera, or turn to us and we don't use the term "cyber bullying" and we don't think about it's the technology. it's about the behavior itself and i know there is ongoing debate with that and cyber bullying captures people's attentions and everything i have learned from anne and the nonprofit community and the academic folks who have researched this when you use a term like "cyber bullying" you are diminishing the behavior and placing it on the technology. >> personally i hate it. it suggests robots and not humans at all. let's think about humanity, not technology. >> so i want to show you a couple of things and show you my version of a sizzle reel which is not sizzle and i am also mindful it's 4:00 o'clock on a friday so
of this system, paid for partly with u.s. tax money, they will see amazingly effective antimissile technology at work. and that's said to be 90% successful. it discriminates between the missiles that are going to hit cities and the ones that are just going to land in the woods and takes out the ones that are headed for cities. so it's a potential game changer here. >> schieffer: all right, well, david you'll be back if our rowntable later in the broadcast. i want to turn now to john mccain, a member of the armed services committee, the ranking republican on armed services. senator, what can the united states do here? obviously, no bon wants this thing to spiral out of control. >> well, the united states, obviously, should be as heavily involved as they possibly can. i'm not sure how much influence that this administration has. the president's first priority in 2009 was the israeli-palestinnian peace process. obviously, there was no progress there, and there are various reasons for it. we won't waste the time. i think several things make this issue very dangerous. one is egypt and the whole ch
and technology were the top performers. the s&p sectors, the utilities did lag. it's .5 years in november, national association of homebuilders index posing as increase. existing home sales jumping 2.1% in october to a seasonally adjusted rate. 1.9 million. liz: jim haugland and john brady. they are going to talk about the average for the month. we can't get too hyped up about this. what can we get excited about? when you see that told you that this looks good and significant? >> there were two things. there was a tremendous amount of recovery today. these equity index futures closed on their highs for the day. likewise, there was a large allocation out of the treasury. the long end of the curve. those capital flows, not just stocks, but commodities like oil and gold. with a lower dollar and yen, in the global community, it is now stepping forward after a news innuendo. suggesting that things will get done. things are really starting to have an ability to go further. especially after ben bernanke speaks tomorrow. speaking about qe-4. david: maybe it is a little bit of both, fiscal and mon
. down 60 points on the dow industrial average. nasdaq composite, weaker by 20 points. technology one of the laggards here today at 2883. the s&p 500 tonight gave up five points at 1374. we are moments away from quarterly earn from cisco. the company is expected to report a profit for the first quarter of 46 cents a share and revenue of $11.77 billion. let's get to today's market action as we await the numbers. good to see everybody. thanks for joining us. carol, what are you expecting in 2013 under president obama's policies? >> i'm not expecting anything very good, maria. i think that we're going to end up with some sort of a slow down. i think whatever the compromise that ends up being made under this grand bargain, it's going to be something that ends up hurting unemployment. that being said, i think there's always a tale of two markets. from a broader market standpoint, i expect the market to be hurting. there's always opportunities to be had. >> steve, you have some breaking news earlier. you reported on janet yellen. tell us what that says about where we're headed in terms of e
in equity prices on the prospects of a fiscal cliff aversion, energy and technology. technology is down double digits. energy fell off as oil prices fell down to the mid-80s, somewhat toward an uptick. >> gentlemen, thank you all. arthur, good to see you on set with us. >> thank you very much. >> thank you for joining us today. we call this fiscal cliff investing. bertha coombs joins us with the potential winners and losers in how investors can play all this with a fiscal cliff portfolio. >> and they've been doing it already. if the president and congress fail to reach a deal on the fiscal cliff the expectation is that stocks will be the big loser. defense stocks in particular with a prospect of massive budget cuts starting january 1st. now, they've been hard hit since the election, turning around a bit today. cnbc looked at a portfolio of etfs that correlate with the moves in the market on the fear of hitting fiscal cliffs in particular sectors, including etfs that short stocks, negative bets on the market, like the ultrashort s&p eft. down all year, its been a gainer since the electio
the latest clean air technology. the new technology has to be installed when major changes are made. >>> it's been a successful opening of the paragon outlet maul in livermore. several merchants report sales records and they are trying to ease traffic problems around the mall. >>> the release of a hot new video game has people dropping everything to get ahold of it. this is a game stop store on market street right here in san francisco. the game is called call of duty black ops 2 and it went on sale at midnight and now a lot of people could be calling in sick to play the game all night and into the day. gamers say it is worth the wait. >> i hope it's like better for kill streets and all that and i just like it, you get to be some people and everything. >> the game revolves around a r war zone of advanced military technologies, weapon are you and drones. -- weaponry, and they can strategize with gamers around the world. >> the graphics are pretty amazing. >>> time is 6:40. it is the hottest trend in technology, brian cooley seen right over there with what tablet computer is right for you, co
long sinus and headache relief. that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. bp has paid over twenty-threebp billion dollarsnt to the gulf. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> in moments like this one where everybody is panicked about something horrific like the fiscal cliff. it's more important than ever you have something to keep you interested in investi
technology company. certainly when you think about silicon valley and companies that have hit hard times. very view come through it and re-emerge. apple is one that we can all remember having done that. ibm. although not a silicon valley company but technology company. most recently perhaps ebay in a significant decline but i spoke to john at length on friday and it appears they have brought around their marketplace business in addition to continue strong growth at the paypal unit. it's difficult to do. when you come back to yahoo! you have to wonder how do they do it? >> is there an act two? cisco tonight almost every analyst on the street said they're going to miss. >> universal in both miss and then the guidance is going to be negative. david, when you spoke with stevenson, didn't you get the sense that the companies are done spending on anything other than amd on towers? >> they got to spend. you know, stevenson was very outspoken in saying fiscal cliff. we're not spending but we are. we're deciding to spend $14 billion over the next three years. they absolutely have to in order to c
the j.d. power and associates appeal award two years in a row. ♪ but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. >>> tw
discretionary retail housing and technology spending. if they cannot hold their gait, then no stocks can right now. other than higher yielding names like coca-cola, verizon, at&t. those three indicators that i just gave you tells that the bad news is baked in, or if it isn't, they will allow us to speculate that the stock market itself with the daily nose dives has washington worried. they will get us through this, and we'll get through this, even as we have to admit that odds for going over the cliff have increased greatly because the sniping has begun. we as a country were so close, almost there. the jobs spigot about to be turned on. numerous domestic industries were turning to the positive, many for the first time in years. our stock market was taking on all the attributes of the bulls of yore. all of that is out the window, because in six weeks, the financial world as we know it will be torn asunder, and this has nothing to with how well companies do or how cheap stocks are historically, it's all about the pride of our elected leaders. what can i say? we deserve better. jack in ohio. jack
corrections there, and things are becoming somewhat more interesting. so we're looking at technology and some other areas where we can have good visibility. >> what else apart from technology is on your list? >> i think some of the internet providers, some of the hardware providers have been hit particularly hard. we think that those areas provide not only very good balance sheets, but we think that as the market recovers next year, as the global economy eventually begins to turn around, we see better demand. ultimately, that's going to endure those kind of companies. >> apple has become a proxy for the market. market down 10%. apple down 10% or more at this point. would you buy apple here? >> i would. this is coming from a guy who hasn't owned much apple at all. right around here, again, sounds like a theme here. we have a tech stock selling at about a nine times earnings. believe it or not, it has a 2% yield. >> you're not concerned about some of the reasons why it dropped, mark? >> no, there's a whole list of reasons. i think the first one with the most weight in my mind is it's a proxy fo
rocket aimed toward the city of ashdod. but israel has the edge in technology here. its sophisticated iron dome system takes out most rockets before they find a target. israel's military is also armed with precision-guided missiles. in this case, striking what is said to be the home of an hamas leader. egypt is trying to prevent this war from getting out of hand. spearheading talks aimed at ending the violence. israel's prime minister says hamas can end all this. bd ben wedeman is watching the conflict play out. >> reporter: we've seen apparent urgent action by the israeli army in this area to get as much material, tanks, armoured personnel carriers and troops in the area around gaza in obvious preparation for a potential ground invasion of the gaza strip. but a decision to actually go in has to come from the leadership, from prime minister benjamin netanyahu and from his security cabinet. that has not come yet. on sunday, it's expected that the secretary general of arab league is going to come to gaza with four arab foreign ministers. it may be difficult to launch a ground invasion w
technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. stuart: industrial production down 0.4% mainly because of fannie. the dow is down 14 points. that is a response of industrial production numbers. the price of oil holding steady. trouble in gaza keep soil around $86 a barrel. we want to bring you some of yesterday's "varney and company" fire. mitt romney told his donors he couldn't compete with, quote, gifts president obama was offering. that did not sit well with charles. listen to this. stuart: charles: mitt romney had to explain and yell those are wooden horses. they are not gifts, there wouldn't horses. don't let the man. he is lining about this, sitting a parents' basement until 27 is not a gift. it is the curse. having qualified for health care's not a gift, it is a curse. stuart: the viewers love it when you get fired up and you are back for more. charles: back for more. got a lot of e-mails. most people did
detecting technology that relies on these little guys. the mice are placed in a scanner and react to different odors blown their way. company officials say the mice flee from potentially dangerous skrents and this technology -- >>> some of the titanic's most valuable treasurers are seeing the light of day. for the very first time most of the jewelry from the titanic will be on display with a three-city tour. the pieces include diamond, sapphire rings, broaches and a gold pocket watch. the exhibition is meant to show the public the wonder of deep sea exploration. >>> just in case you have an extra $500,000 to throw around, this is what you can buy. the new lamborghini roadster was unveiled in singapore, an area that of course has a high concentration of millionaires. boasting a $445,000 price tag and an equally impressive engine, the luxury model can go from zero to 60 in three seconds flat and reach top speeds of over 200 miles per hour. >> you know what that feels like? >> absolutely not. new york city i go about 25 miles per hour max. >> i have a friend with a '60 corvette. he p
and going after the militants. israel says it was tarring ago mastermind of rocket technology when it targeted the home of a militant. consequences of that according to the palestinians 11 civilians died including five women and four children. very difficult to ascertain precisely what is going down on the ground, but israel continuing to make plans for a possible ground incursion if diplomacy fails and the clock is ticking. >> gregg: david lee miller, thank you. >> heather: meantime, president obama reaffirming his commitment to israel saying that no country would tolerate missiles raining down from outside the borders. he made the comments during a news conference. listen. israel has every light to expect that it does not have missiles fired into its territory. if that can be accomplished without a ramping up of military activity in gaza, that is preferable. that is not just preferable for the people of gaza but it's also preferable for israelis because israeli troops are in gaza, they are much more at risk of incurring fatalities or being wounded. we're going to have to see what
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